Kennametal (NYSE:KMT – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.050-1.300 for the period, compared to the consensus earnings per share estimate of 1.440. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion. Kennametal also updated its Q3 2025 guidance to 0.200-0.300 EPS.
Kennametal Trading Down 2.9 %
Shares of NYSE KMT traded down $0.69 during midday trading on Wednesday, reaching $22.78. The company had a trading volume of 1,147,176 shares, compared to its average volume of 874,785. The stock has a market cap of $1.77 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 2.32 and a beta of 1.66. The company has a quick ratio of 1.16, a current ratio of 2.52 and a debt-to-equity ratio of 0.45. The firm’s fifty day moving average price is $25.21 and its 200-day moving average price is $25.66. Kennametal has a one year low of $20.50 and a one year high of $32.18.
Kennametal (NYSE:KMT – Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.02). Kennametal had a return on equity of 8.35% and a net margin of 4.98%. On average, equities research analysts anticipate that Kennametal will post 1.43 earnings per share for the current year.
Kennametal Dividend Announcement
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on KMT. StockNews.com upgraded Kennametal from a “hold” rating to a “buy” rating in a report on Monday, January 27th. Jefferies Financial Group downgraded shares of Kennametal from a “buy” rating to a “hold” rating and cut their price objective for the stock from $40.00 to $32.00 in a research report on Friday, December 6th. Bank of America cut shares of Kennametal from a “neutral” rating to an “underperform” rating and set a $26.00 target price for the company. in a research report on Friday, October 18th. Morgan Stanley lifted their price target on shares of Kennametal from $24.50 to $28.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Finally, Loop Capital raised their price target on Kennametal from $24.00 to $26.00 and gave the stock a “hold” rating in a report on Tuesday, November 19th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Kennametal presently has an average rating of “Hold” and an average target price of $27.67.
View Our Latest Stock Analysis on Kennametal
Insider Buying and Selling at Kennametal
In other Kennametal news, VP John Wayne Witt sold 1,765 shares of Kennametal stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $29.35, for a total value of $51,802.75. Following the completion of the transaction, the vice president now owns 1,642 shares of the company’s stock, valued at approximately $48,192.70. The trade was a 51.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Franklin Cardenas sold 20,470 shares of the stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $28.24, for a total transaction of $578,072.80. Following the sale, the vice president now directly owns 39,581 shares in the company, valued at approximately $1,117,767.44. The trade was a 34.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.41% of the stock is owned by corporate insiders.
About Kennametal
Kennametal Inc engages in development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. The company operates through two segments, Metal Cutting and Infrastructure.
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